Europe Rain Gutter Market to Grow at a CAGR of 2.3% to reach US$ 766.87 Million from 2020 to 2027

Europe Rain Gutter Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type Material Type (Aluminum, Steel, Vinyl, and Others) and Application (Residential and Commercial)

  • Report Code : TIPRE00015156
  • Category : Manufacturing and Construction
  • Status : Published
  • No. of Pages : 104
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The Europe rain gutter market was valued at US$ 642.71 million in 2019 and is projected to reach US$ 766.87 million by 2027; it is expected to grow at a CAGR of 2.3% during the forecast period from 2020 to 2027.

Rain gutters are water collection channels used in residential and commercial buildings tochannelthe rainwater away from them. Dampening of walls due to continuous water absorption in building’s walls leads to favorableconditions for the growth offungi; it may also result inthe wet rot of timber in the rooms with humidwalls. Diverting rainwater streams away from buildings also helps protect the foundation, landscaping, and siding of a building; preventing erosion;  mitigating paint damage; and preventing basement flooding.

Demandfor replacement, renovation, andreroofing activities is increasing due to the unpredictable weather conditions, which leads to the surge in number of gutter replacement projects across the various European countries. In addition, growingneed for rainwater harvesting also fuels the Europe Rain Gutter market growth. However, the increasing costs of raw materialsand growing competition among market playerhamper the growth of themarket.

Impact of COVID-19 Pandemic on Europe Rain GutterMarket

The COVID-19 pandemic has exerted more severe impact on the overall construction industry in Europethanother industries, such as manufacturing and automotive.During the initial months of the pandemic, the region experienced disruptions in the business operations and growth inunemployment. This resulted in decrease in the demand for rain gutter products—especially from residential customers. The exponentialrise in number of COVID-19 cases across Italy, Spain, France, and other European countries has adversely affectedthe growth of the market in Europe.

Lucrative Growth in Europe Rain Gutter Market

Lucrative Growth in Europe Rain Gutter Market
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Europe Rain Gutter Market Insights

Significant Investments in Rain GutterTechnologies and Growth in Government Support Fuel Market Growth in Europe

The residential construction sector has started to gain momentum in recent yearsdue toconstantlyincreasingpopulation, rising demand for single-family homes, and improving real wages and cheap mortgage financing in a few countries; the rise in this sector has also been bolstering the need for rain gutters. There would be decline in the demand for rain gutterin other EU countries such as Netherlands, Poland, Norway and others in 2020, as the residential construction activities peaked in 2017. Also, in many EU countries, persistent labor shortage in the construction sector decelerates project completion. Irrespective of the current downturn,the Europeanconstruction products manufacturing sector is expected to recoverby the end of2020, but it will most likely continue to delay non-residential investment decisions.

Material Type-Based Market Insights

On the basis of material type,the Europe rain gutter market is segmented into aluminum, steel, vinyl, and others. In 2019, the aluminum segment led the market, followed by vinyl, steel, and other materials, respectively. Rain gutters made fromaluminum are easy toinstall. The vinyl segment is anticipated to register the highest CAGR in the market during the forecast period owing toits increasing adoption in the manufacturing of rain gutters due to its rising popularity

Europe Rain Gutter Market, by Material Type– 2019 and 2027

Europe Rain Gutter Market, by Material Type– 2019 and 2027
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Application-Based Market Insights

Based on application, the rain gutter market is bifurcated into residential and commercial. The residential segment led the market in 2019 with alargershare and is expected to continue its dominance during the forecast period. The growth of the market for the residential segment is driven by increasing residential home projects, growing population, and rising rainwater harvesting demands.There is growing demand for affordable housing in mid-sized cities in both Sweden and Poland.

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Europe Rain Gutter Market: Strategic Insights

europe-rain-gutter-market
Market Size Value inUS$ 642.71 Million in 2019
Market Size Value byUS$ 766.87 Million by 2027
Growth rateCAGR of 2.3% from 2020-2027
Forecast Period2020-2027
Base Year2020
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Players operating in the Europe rain gutter market focus on strategies such as market initiatives, acquisitions, and product launchesto maintain their positions. A few of the developments performedby the key market players have been listed below:

In 2020,Alu-Rex launched its new DoublePro gutter product with two layers of aluminum, which enhancethe filtration process and reduce maintenance requirements.

In 2018, Alu-Rex had launched a new T-Rex continuous hanger, which is an advanced technology and provides three features in one product as winter-shield, roll-back, and alu-perf. These are the innovative components that make this gutter efficient, practical, and reliable.

Europe Rain Gutter Market – by Material Type

  • Aluminum
  • Steel
  • Vinyl
  • Others

Europe Rain Gutter Market – by Application

  • Residential
  • Commercial

Europe Rain Gutter Market – by Geography

  • UK
  • Germany
  • France
  • Italy
  • Russia
  • Denmark
  • Rest of Europe

Europe Rain Gutter Market – Company Profiles

  • Almesco Ltd
  • Alumasc Water Management Solutions
  • ALU-REX INC
  • Areco
  • FIRST Corporation, S.r.l.
  • Lindab
  • Marley Deutschland GmbH
  • Plastmo A/S
  • RHEINZINK
  • Sekisui Eslon B.V.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type Material Type and Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Denmark, France, Germany, Italy, Russian Federation, United Kingdom

  1. Almesco Ltd
  2. Alumasc Water Management Solutions
  3. ALU-REX INC
  4. Areco
  5. FIRST Corporation, S.r.l.
  6. Lindab
  7. Marley Deutschland GmbH
  8. Plastmo A/S
  9. RHEINZINK
  10. Sekisui Eslon B.V.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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